COMPUTER AUTOMATED SYSTEMS, DEVICES AND METHODS FOR DATA PROCESSING OF ACCOUNTING RECORDS

• US 20090144194A1
• Filed: 06/02/2008
• Published: 06/04/2009
• Est. Priority Date: 11/30/2007
• Status: Abandoned Application

• Current Assignee: US Bank National Association (US Bancorp)
• Original Assignee: US Bank National Association (US Bancorp)
• Inventors: Dickelman, Mark
• Application Number:
  US12/131,597
• Publication Number:
  US 20090144194A1
• Time in Patent Office: Days
• US Class Current: 705/39
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/202 Interconnection or interaction of plural electronic cash registers [ECR] or to host computer, e.g. network details, transfer of information from host to ECR or from ECR to ECR
• CPC Class Codes: G06Q 20/204 comprising interface for record bearing medium or carrier for electronic funds transfer or payment credit
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes

Abstract

Devices, systems, methods and arrangements are implemented in variety of manners. In a specific instance, a computer arrangement implements the following operations for a transaction involving a plurality of merchant offerings that are parseable by merchant offering identifiers. For a plurality of identified buyer accounts from which monetary payables (e.g., cash, credit and/or debit limits) are tracked, stored data sets are accessed that are indicative of types of merchant offerings to be associated with particular ones of the plurality of buyer accounts. Payment is facilitated for the items as a function of at least one of the plurality of buyer accounts. Payment is tracked for the items as a function of the merchant offering identifiers.

Claims

1. For use by a computer arrangement in response to a transaction that involves a plurality of items and transaction data about a cost of each item and a description of each item, a method comprising:

identifying a plurality of buyer accounts;

processing financial data to facilitate payment for the items, in response to the description of each item and to a set of business rules that associate item types with buyer accounts, by;

parsing the transaction data by matching respective sets of the plurality of items to respective buyer accounts of the plurality of buyer accounts, and

using the matched buyer accounts to facilitate payment for the respectively matched sets.

2. The method of claim 1, further including the steps of

further parsing the transaction data, responsive to less-than-all payment for the respective matched sets, by further matching respective sets of the plurality of items to further respective buyer accounts of the plurality of buyer accounts, and

using the further matched buyer accounts to facilitate payment for the further respectively matched sets.

3. The method of claim 1, further including the step of, for respective the sets of the plurality of items, generating a prioritized list of eligible buyer accounts.

4. The method of claim 2, further including the steps of,

receiving a payment indication from a selected buyer account that indicates that the selected buyer account will not provide a credit for the entire value of the payment request;

and

responsive to the payment indication, selecting another eligible buyer account from the prioritized list of eligible buyer accounts.

5. The method of claim 1, wherein the steps of parsing, selecting and using are repeated in response to receiving a payment indication from the selected buyer account that indicates that the selected buyer account will not provide a credit for the entire value of the payment request.

6. The method of claim 1, wherein the plurality of buyer accounts includes one or more accounts that have use limitations related to healthcare.

7. A computer-based payment system responsive to a transaction that involves a plurality of items and transaction data about a cost of each item and a description of each item, a payment system comprising:

a processor arrangement for identifying a plurality of buyer accounts;

parsing the transaction data by matching respective sets of the plurality of items and to respective buyer accounts of the plurality of buyer accounts, in response to the description of each item and a set of business rules;

responsive to the parsed transaction data, selecting a buyer account for a set of the sets of the plurality of items; and

sending a payment request to the selected buyer account for a value based upon the respective sets of the plurality of items.

8. For use in a transaction between a seller and buyer that involves a plurality of items and transaction data that includes information about a cost of each item and a description of each item, a method comprising:

providing a front-end interface that accepts a credit network identifier or a debit network identifier;

using a network identifier from the buyer to select a suspense account to effect payment to the seller using a credit network or a debit network;

parsing the transaction data by matching respective sets of the plurality of items and to respective buyer accounts of a plurality of buyer accounts, in response to the description of each item;

collecting payment from the matched buyer accounts; and

applying the collected payment to the selected suspense account.

9. A system for facilitating payment between sellers providing goods or services to buyers paying for the goods or services, the payment being provided between disparate payment networks of the buyers and sellers, the system comprising:

an interface to receive transaction data that includes a buyer identifier, a seller identifier, and a transaction amount;

a payment parser to tag items in the transaction data with one or more buyer accounts;

a payment network selector to receive the transaction data from the interface and to select a payment network for the buyer as a function of respective profile data and the tagged one or more buyer accounts; and

a routing arrangement for routing a portion of the transaction data to the selected payment network and another portion of the transaction data to a disparate payment network, wherein, for the transaction amount, an account held at the selected payment network is one of debited and credited and an account held at the disparate payment network is the other of debited and credited.

10. The system of claim 9, wherein the payment parser is responsive to buyer-provided parsing selections of the transaction data.

11. A computer automated system for performing operations that occur for a transaction involving a plurality of merchant offerings that are parseable by merchant offering identifiers, the operations including:

for a plurality of identified buyer accounts from which monetary payables (e.g., cash, credit and/or debit limits) are tracked, accessing stored data sets indicative of types of merchant offerings to be associated with particular ones of the plurality of buyer accounts;

facilitating payment for the items as a function of at least one of the plurality of buyer accounts; and

tracking payment for the items as a function of the merchant offering identifiers.

12. The computer automated system of claim 11, wherein facilitating payment for the items includes debiting one account of the plurality of buyer accounts by an amount that corresponds to the amount for the entire transaction, and debiting other buyer accounts of the plurality of buyer accounts in respective amounts corresponding to different ones of the plurality of merchant offerings.

13. The computer automated system of claim 11, wherein facilitating payment for the items includes debiting one of the plurality of buyer accounts by an amount that corresponds to the amount for the entire transaction.

14. The computer automated system of claim 11, wherein facilitating payment for the items includes debiting one of the plurality of buyer accounts in amounts that correspond all to at least two different types of the plurality of merchant offerings involved in the transaction and, relative to said amount debited from one of the plurality of buyer accounts, debiting other ones of the plurality of buyer accounts in respective amounts corresponding to different ones of said at least two different types of the plurality of merchant offerings.